Newfoundland and Labrador income tax calculator

This is Newfoundland and Labrador income tax calculator for Newfoundland and Labrador province residents in 2017-2012 years. Current tax rates in Newfoundland and Labrador and federal tax rates are listed below and check.

IMPORTANT: This tax calculator is used for income tax estimation. Please use Intuit TurboTax if you want to fill your tax return and get tax rebate for previous year. It is free for simple tax returns or gives you 10% discount for more complicated tax returns.

Newfoundland and Labrador income tax rates 2017

Newfoundland and Labrador indexed its tax brackets using the same formula as that used federally, but uses the provincial inflation rate rather than the federal rate in the calculation. Newfoundland and Labrador’s inflation factor was 2% for 2017. Basic personal amount is $8,978 for 2017.

Taxable income

Rate

from $0 to $35,851

8.70%

from $35,852 to $71,701

14.50%

from $71,702 to $128,010

15.80%

from $128,011 to $179,214

17.30%

over $179,214

18.30%

Federal income tax rates in Canada for 2017

In 2017 Canadian federal income tax brackets and base amount were increased by 1.4%.

Federal personal base amount is $11,635.

Taxable income

Rate

0 – $45916

15.00%

$45,917 – $91,831

$5,142.15 + 20.50% for income over $45,916

$91,832 – $142,353

$14,554.73 + 26.00% for income over $91,831

$142,354 – $202,800

$27,690.45 + 29.00% for income over $142,353

over $202,801

$45,220.08 + 33.00% for income of $202,801 and over

Historical Newfoundland and Labrador tax brackets are listed here and historical federal tax brackets and rates can be found here.